Marsh & McLennan Companies, Inc. Financial Flexibility Index
Marsh & McLennan Companies, Inc. financial flexibility index. Marsh & McLennan Companies, Inc. (MRSH) has a Financial Flexibility Index of 0.05x as of December 2025. Free cash flow of $2.27 Billion (operating CF $2.16 Billion minus capex $105.00 Million) represents 0% of total liabilities ($43.40 Billion). See free cash flow generation of Marsh & McLennan Companies, Inc. to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Marsh & McLennan Companies, Inc. (1989–2025)
Financial flexibility index of Marsh & McLennan Companies, Inc. from 1989 to 2025. Historical Financial Flexibility Index trend for Marsh & McLennan Companies, Inc. across 37 annual periods. Check Marsh & McLennan Companies, Inc. cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Marsh & McLennan Companies, Inc. Financial Flexibility Index by Year (1989–2025)
Marsh & McLennan Companies, Inc. financial flexibility index by year from 1989 to 2025. Year-by-year free cash flow to debt coverage for Marsh & McLennan Companies, Inc.. For the full cash flow conversion analysis, see MRSH cash flow conversion.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.13x | $5.58 Billion | $5.29 Billion | $43.40 Billion | ▲ +19.6% |
| 2024 | 0.11x | $4.62 Billion | $4.30 Billion | $42.95 Billion | ▼ -18.0% |
| 2023 | 0.13x | $4.67 Billion | $4.26 Billion | $35.66 Billion | ▼ -24.4% |
| 2022 | 0.17x | $3.94 Billion | $3.46 Billion | $22.70 Billion | ▲ +2.4% |
| 2021 | 0.17x | $3.92 Billion | $3.52 Billion | $23.17 Billion | ▲ +7.9% |
| 2020 | 0.16x | $3.73 Billion | $3.38 Billion | $23.77 Billion | ▲ +31.8% |
| 2019 | 0.12x | $2.78 Billion | $2.36 Billion | $23.37 Billion | ▼ -39.3% |
| 2018 | 0.20x | $2.74 Billion | $2.43 Billion | $13.99 Billion | ▲ +15.9% |
| 2017 | 0.17x | $2.19 Billion | $1.89 Billion | $12.99 Billion | ▼ -10.9% |
| 2016 | 0.19x | $2.26 Billion | $2.01 Billion | $11.92 Billion | ▼ -0.5% |
| 2015 | 0.19x | $2.21 Billion | $1.89 Billion | $11.61 Billion | ▼ -17.7% |
| 2014 | 0.23x | $2.48 Billion | $2.11 Billion | $10.71 Billion | ▲ +19.0% |
| 2013 | 0.19x | $1.74 Billion | $1.34 Billion | $8.95 Billion | ▲ +14.9% |
| 2012 | 0.17x | $1.64 Billion | $1.32 Billion | $9.70 Billion | ▼ -18.8% |
| 2011 | 0.21x | $1.99 Billion | $1.71 Billion | $9.51 Billion | ▲ +86.9% |
| 2010 | 0.11x | $993.00 Million | $722.00 Million | $8.89 Billion | ▲ +11.6% |
| 2009 | 0.10x | $945.00 Million | $640.00 Million | $9.44 Billion | ▼ -28.4% |
| 2008 | 0.14x | $1.33 Billion | $940.00 Million | $9.48 Billion | ▲ +807.1% |
| 2007 | 0.02x | $147.00 Million | $-231.00 Million | $9.54 Billion | ▼ -84.0% |
| 2006 | 0.10x | $1.19 Billion | $878.00 Million | $12.32 Billion | ▲ +62.0% |
| 2005 | 0.06x | $744.00 Million | $399.00 Million | $12.53 Billion | ▼ -67.8% |
| 2004 | 0.18x | $2.44 Billion | $2.07 Billion | $13.28 Billion | ▼ -23.2% |
| 2003 | 0.24x | $2.30 Billion | $1.87 Billion | $9.60 Billion | ▲ +24.5% |
| 2002 | 0.19x | $1.70 Billion | $1.28 Billion | $8.84 Billion | ▼ -13.5% |
| 2001 | 0.22x | $1.81 Billion | $1.38 Billion | $8.12 Billion | ▲ +1.5% |
| 2000 | 0.22x | $1.88 Billion | $1.36 Billion | $8.54 Billion | ▲ +13.4% |
| 1999 | 0.19x | $1.72 Billion | $1.00 Billion | $8.85 Billion | ▼ -8.1% |
| 1998 | 0.21x | $1.73 Billion | $1.13 Billion | $8.21 Billion | ▼ -8.8% |
| 1997 | 0.23x | $1.09 Billion | $415.40 Million | $4.72 Billion | ▲ +29.7% |
| 1996 | 0.18x | $473.80 Million | $316.50 Million | $2.66 Billion | ▲ +4.4% |
| 1995 | 0.17x | $455.00 Million | $318.10 Million | $2.66 Billion | ▼ -21.8% |
| 1994 | 0.22x | $517.60 Million | $368.50 Million | $2.37 Billion | ▲ +41.6% |
| 1993 | 0.15x | $336.40 Million | $237.60 Million | $2.18 Billion | ▼ -28.4% |
| 1992 | 0.22x | $427.90 Million | $345.10 Million | $1.99 Billion | ▼ -48.3% |
| 1991 | 0.42x | $562.10 Million | $480.90 Million | $1.35 Billion | ▲ +4.6% |
| 1990 | 0.40x | $528.90 Million | $374.20 Million | $1.33 Billion | ▼ -23.9% |
| 1989 | 0.52x | $608.90 Million | $448.20 Million | $1.16 Billion | — |